North America Sutures Market, By Product (Suture Threads, Automated Suturing Devices), Type (Multifilament Sutures, Monofilament Sutures), Application (Cardiovascular Surgery, General Surgery, Gynecological Surgery, Orthopedic Surgeries, Ophthalmic Surgery, Cosmetic and Plastic Surgery, Neurological Surgery, Others), End User (Hospitals, Ambulatory Surgical Centers, Clinics and Physician Offices), Country (U.S., Mexico, Canada) Industry Trends and Forecast to 2028
Market Analysis and Insights : North America Sutures Market
Data Bridge Market Research analyses that the North America sutures market to be growing at CAGR of 7.02% in the forecast period of 2021-2028.
Suture is defined as a linear suture material that is used for tissue suturing and hemostasis, during surgery or trauma. They are also used to close surgical scar tissue. Sutures are considered as medical devices because they are used to suture wounds. It is used in many diseases such as diabetic ulcers, neuralgia, skin ulcers and pediatric lung surgery to close wounds. It consists of needle thread and is commonly referred to as stitches.
Growing geriatric population and advancement in technologies are the major factors that will influence the growth of sutures market. Furthermore, rise in the adoption of sutures due to the approval of FDA and CE marking and rise in surgical incidents of surgical procedures are the major fostering that will enhance the growth of the sutures market. Surge in the technological development and innovations will further provide beneficial opportunities for the market growth.
However, high demand for minimally invasive surgeries and presence of alternative wound care products are the factors that will obstruct the market growth. Unfavourable taxation policies will challenge the sutures market.
This North America sutures market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on North America sutures market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Sutures Market Scope and Market Size
The North America sutures market is segmented on the basis of product, type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The sutures market is segmented on the basis of product into suture threads and automated suturing devices. Suture threads have been further sub-segmented into absorbable sutures and non-absorbable sutures where absorbable sutures have been divided into synthetic sutures and natural sutures. Synthetic sutures have been sub-divided into polyglactin 910 sutures, poliglecaprone 25 sutures, polydioxanone sutures, polyglycolic acid sutures and others. Non-absorbable sutures have been divided into nylon sutures, prolene sutures, stainless steel sutures and others. Automated suturing devices have been further sub-segmented into disposable automated suturing devices and reusable automated suturing devices.
- On the basis of type, the sutures market is segmented into multifilament sutures and monofilament sutures.
- On the basis of application, the sutures market is segmented into cardiovascular surgery, general surgery, gynecological surgery, orthopedic surgeries, ophthalmic surgery, cosmetic and plastic surgery, neurological surgery and others.
- On the basis of end user, the sutures market is segmented into hospitals, ambulatory surgical centers, clinics and physician offices.
North America Sutures Market Country Level Analysis
The North America sutures market is analysed and market size insights and trends are provided by country, product, type, application and end user as referenced above.
The countries covered in North America sutures market report are U.S., Canada and Mexico.
The country section of the North America sutures market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The North America sutures market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America sutures market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America sutures market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Sutures Market Share Analysis
The North America sutures market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America sutures market.
The major players covered in the North America sutures market report are Johnson & Johnson Private Limited, Peters Surgical India Pvt. Ltd., Medtronic, B. Braun Melsungen AG, USIOL Inc., AD Surgical, An American Company, Integra LifeSciences, Zimmer Biomet, Teleflex Incorporated., Medline Industries, Inc., W. L. Gore & Associates, Inc., CONMED Corporation, Smith+Nephew, Surgical Specialties Corporation., DemeTECH Corporation, Boston Scientific Corporation and Fuse Medical, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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